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Dan Price

@DanPriceSeattle

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I cut my CEO pay by a million dollars so all workers could make at least $70,000 per year. Author of WORTH IT - buy it for your boss from a small bookstore

Seattle, WA
Joined November 2013
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@DanPriceSeattle
Dan Price
2 hours ago
American policymaking in a nutshell "here's something that would really help people, and 75% of the country supports it" [a guy who represents 0.5% of the country or some random industry says we can't have that] [bill never gets a vote and dies] [repeat]
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@DanPriceSeattle
Dan Price
10 hours ago
Full list of states where the $7.25 minimum wage provides a living wage, according to MIT: *none In fact if you make that and work full time you qualify for food stamps https://t.co/QJAfs5XGQA
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@DanPriceSeattle
Dan Price
11 hours ago
We discovered higher pay doesn't suddenly transform people into better employees. But when you remove money as an obstacle to life, they can bring their full selves to work. There's tons of research on this. It's a shame more companies don't realize the benefits of higher pay.
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Dan Price
11 hours ago
You always hear CEOs need big bonuses to keep them motivated, but never that employees do. When I slashed my CEO pay and doubled our min wage, I stayed motivated because I'm still well-off and care about my work. Employee motivation soared because they didn't fear going broke.
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@DanPriceSeattle
Dan Price
12 hours ago
AMC furloughed 30,000 employees as theaters shut down around the country. It just rewarded its CEO with a $3.7 million bonus on top of his $9.7M salary. Other execs got bonuses of $4.5M. Revenue is down 90% but its stock quadrupled because of Redditors https://t.co/80Rj3D2BRl
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@DanPriceSeattle
Dan Price
13 hours ago
The 1% billionaire tax would cost them $40 billion a year. In the last year, billionaires gained $1.3 trillion. And they pay a lower tax rate than the working class. Don't cry for billionaires. They aren't crying for you (they donate 1% of wealth a year) https://t.co/hSbUsdX4Fp
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@DanPriceSeattle
Dan Price
14 hours ago
We need to stop glamorizing "job creators." They allow companies to get away with a lot, like massive tax breaks. Amazon and Walmart, the top two employers, offer low pay and destroyed millions of small businesses. They're job shifters, not creators. It's a race to the bottom.
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@DanPriceSeattle
Dan Price
a day ago
As a small business owner, I pay more in federal income taxes than Amazon, which is worth $1.6 trillion more than my business. So what would really help small business owners like me compete with big corporations? Tax them.
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@DanPriceSeattle
Dan Price
a day ago
Amazon, Delta, JetBlue, Alaska, Starbucks, Chevron, GM, FedEx, IBM, Netflix, Halliburton, Deere, Prudential, Coors, Salesforce, Olive Garden, MGM, Eli Lilly, Whirlpool, Goodyear, U.S. Steel, Levi's, Avis. Sorry, just listing a small sample of companies that pay $0 income tax.
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@DanPriceSeattle
Dan Price
a day ago
Don't ask whether an unpaid internship is worth it. Ask what experience you'd gain working at a company that is either: A) so inept it has to hire workers for free to survive B) so greedy it hires workers for free to boost profits
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@DanPriceSeattle
Dan Price
a day ago
Unpaid internships multiply inequality. People who have financial resources (usually from family) can take them and use them to get better jobs. People from poor families can't, and then when they try to get a job, get asked "Where's your real-world experience? Next."
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@DanPriceSeattle
Dan Price
a day ago
Delta *Reduced staff by 18,000 people *Suffered record loss of $12 billion last year *Got $8.5 billion in taxpayer bailouts and in line for more *No pay raises for front-line employees *Just gave managers raises of over $100,000 https://t.co/JU9OqwWIRJ
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@DanPriceSeattle
Dan Price
a day ago
Private equity giant Blackstone owns a medical company. It went $410M into debt to pay execs, laid off staff and defrauded taxpayers with illegal medical claims. Its punishment? A $40M fine and approval to take the company public at a $748M value https://t.co/vtJz4elGcI
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@DanPriceSeattle
Dan Price
a day ago
Billionaires pay the lowest tax rate in America. Taxing them 2%, which they would never feel, would raise $3 trillion and put their tax rate on par with the working class. Or we can just continue to let everyone else suffer to coddle the rich https://t.co/0sAuBhNVFG
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Dan Price
a day ago
[person goes broke] "they need to take some personal responsibility" [corporation goes broke] "here's $1.9 trillion in tax cuts, 2 mega-bailouts in 12 years, food stamps to subsidize your low-pay workers, billions to move your HQ to our town and $4T to prop up the stock market"
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Dan Price
2 days ago
Don't ask why someone else deserves $15 an hour when you had to work your way up for decades to get to $15. Ask yourself why companies exploited you for decades and are now paying you the bare minimum and calling it a "raise."
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@DanPriceSeattle
Dan Price
3 days ago
The median net worth of Congress is $1 million. Freeze their assets, take away their free health care and have them survive on the federal minimum wage of $7.25 an hour. $15 will be passed by the end of the first pay period.
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@DanPriceSeattle
Dan Price
3 days ago
1989: Black Americans had 3.8% of all wealth Now: Black Americans have 3.8% of all wealth The cycle: Black Americans get smaller inheritances and are less likely to have a home passed down. Then they take out 2x as much debt for the same college https://t.co/zcT7i3kWL0 https://t.co/fcDeWgTKri
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@DanPriceSeattle
Dan Price
4 days ago
Walmart is the biggest employer of workers on welfare. The Waltons are worth $230 billion & got $30 billion richer in the pandemic. They use taxpayer programs to subsidize their low wages. In other words: It's a wealth transfer from regular taxpayers to America's richest family.
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